Boston Scientific Chairman's $2.9 Million Sale

Peter M. Nicholas sold 350,000 shares of the medical-devices company.

By

Miriam Gottfried

Updated Nov. 13, 2009 11:59 p.m. ET

Tables: Buyers | Sellers

THERE HAS BEEN A dark cloud of uncertainty hanging over medical-device businesses such as Boston Scientific (ticker: BSX) since Congress took up health-care reform. That company's skies may have darkened further in recent weeks as its chairman and co-founder offloads millions of dollars in shares.